Supply Chain Compression in the Copper Market

January 6th, 2012

Supply Chain Compression in the Copper Market
© lunarpersuasion

Based on numbers for refined copper demand and output through January 2011, analysts at Barcalys Capital concluded that the copper market recently experienced a widespread supply chain compression. There was a refined copper deficit of 20,000 mt in January, despite the fact that total reported copper stocks jumped nearly 70,000 mt that month.

And demand for refined copper shot up by 11% the same year through January, while refined copper production only increased 3% over the same period. This supports the view that the key factor behind softer market indicators in Q1 such as rising LME stocks was not weaker demand but a large scale compression of the supply chain. Given that such a compression is finite and end-demand remains strong, then bullish fundamentals will likely be reasserted in the metal when the destocking effect winds down at the end of Q1.

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Importance Of Supply Chain Management Recognized

December 29th, 2011

In the new post-recession economy, companies discover the increased importance of supply chain management in overall financial success. The Global Chief Supply Chain Officer Strategy Report 2011 reveals the findings of the latest survey. Supply chain representatives said, "It's time supply chain executives were recognized and leaned on for the key difference their success can make to the largest business."

The majority of respondents believe their business considers supply chain important to business recovery, although this trend is more positive in North America than in Europe. The importance of supply chain to business is also reflected by the fact that 51% of companies either have a head of supply chain on the board or will within the next two years.

Importance Of Supply Chain Management Recognized
© NASA Goddard Space Flight Center

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Supply Chain Management To Streamline Claims Process

December 23rd, 2011

A new study from Boston-based Aite Group shows how insurers can drive real costs out of their claims process with good use of Supply Chain Management. The report, "Claims Supply Chain Management 2.0: moving From Cost Management to Service Delivery," says that insurers will be assisted using SCM to really make a mark in the claims process. The report from Aite Senior Analyst Stephen Applebaum states that Supply Chain Management is an opportunity to improve over the over-all customer experience and also the policy holder retention through great service delivery. Those supply chain vendors who are really looking for significant delivery service should learn to innovate and adapt their own service delivery that can bring an evolution in the supply chain management itself, as added in the report further.

Supply Chain Management To Streamline Claims Process
© jbcurio

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